Xerox Holdings Corp (NASDAQ: XRX) is -34.05% lower on its value in year-to-date trading and has touched a low of $3.44 and a high of $14.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The XRX stock was last observed hovering at around $5.95 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $5.56, the stock is 17.02% and 11.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.79 million and changing -6.55% at the moment leaves the stock -32.59% off its SMA200. XRX registered -58.94% loss for a year compared to 6-month loss of -37.46%.
The stock witnessed a 43.30% gain in the last 1 month and extending the period to 3 months gives it a -29.97%, and is 4.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.91% over the week and 6.82% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $699.39M and $6.18B in sales. Fwd P/E is 3.62. Profit margin for the company is -21.24%. Distance from 52-week low is 61.39% and -62.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.89%).
The EPS is expected to shrink by -14.69% this year
The shares outstanding are 125.78M, and float is at 116.28M with Short Float at 21.37%.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.49 million shares valued at $214.9 million. The investor’s holdings represent 14.887 of the XRX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.64 million shares valued at $181.71 million to account for 12.5879 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 12.58 million shares representing 10.1226 and valued at over $146.13 million, while DIMENSIONAL FUND ADVISORS LP holds 6.7456 of the shares totaling 8.38 million with a market value of $97.38 million.
